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Moreover, the sale of the Employer Voluntary Benefits business resulted in a pre-tax book gain of approximately $625 million. The funds will strengthen Allstate’s disciplined approach to capital ...
“Allstate acquired the Group Health business in 2021 as part of the $4.0 billion acquisition of National General. The sale is expected to generate a financial book gain of about $450 ...
(Reuters) -Insurer Allstate has agreed to sell its subsidiaries ... to exit ventures not in sync with their business objectives. The sale is the first step in insurer's strategic decision to ...
NORTHBROOK, Ill., April 01, 2025--(BUSINESS WIRE)--The Allstate Corporation (NYSE: ALL) today completed the sale of its Employer Voluntary Benefits business to StanCorp Financial Group ...
The voluntary benefits business provides coverage for ... "The Standard will become Allstate's exclusive carrier for sales of group life and disability, guaranteed standard issue individual ...
Allstate’s $1.25 billion sale of its group health insurance shows the insurance giant is confident it can make money in its core home and auto businesses, despite the increasing frequency of ...
In the latest market close, Allstate (ALL) reached $206.39, with a -0.2% movement compared to the previous day. This change was narrower than the S&P 500's daily loss of 0.53%. Elsewhere, the Dow saw ...
The Allstate Corporation ALL recently closed the divestiture of its Employer Voluntary Benefits business to StanCorp Financial Group, Inc. (The Standard). Plans to sell this business were ...
Allstate announced it has reached a deal to sell its employer voluntary benefits business to StanCorp Financial ... we keep a strict separation between our sales teams and authors to remove ...
NORTHBROOK, Ill., April 01, 2025--(BUSINESS WIRE)--The Allstate Corporation (NYSE: ALL) today completed the sale of its Employer Voluntary Benefits business to StanCorp Financial Group, Inc., (The ...